MOST IMPORTANT TERMS AND CONDITIONS (MITC) – PERSONAL LOAN Sl. No. Particulars 1. *Prepayment charges : No part-payment allowed 2. *Default interest (Delayed payment : 2% additional interest per month on overdue charges) EMI amount (to be paid per instalment due per month of delay) 3. *Cheque/ECS/E-NACH/SI Dishonour : Rs. 250 (bounce cheque charges) charges 4. *Foreclosure Charges : a) 5% of Principal outstanding below 12 months and 3% of Principal outstanding post that. b) No foreclosure before 6 months on book. c) NIL foreclosure charges if 12 EMIs paid without any bounce and foreclosure is using Own funds. Balance transfer of loan outstanding to another financial institute is NOT treated as own source of funds 5. *Processing Fees : 1% of Total Loan Amount 6. *Convenience Charges : Rs. 999 7. *Stamp Duty / Agreement Franking : 0.2% of Total Loan Amount Charges 8. *Issue of Duplicate interest & : Rs. 250 Principal certificate 9. *Cheque swapping charges : Rs. 250 10. *Charges for CIBIL report : Rs. 50 Note: *GST and other taxes to be levied as applicable. Disclaimer: RBL Bank Limited displays the Offers/ services extended by third parties to RBL Bank's customers and RBL Bank is not rendering any of these Offers/ services. RBL Bank does not act as express or implied agent of the said third parties vis-a- vis the Customers. RBL Bank is neither guaranteeing nor making any representation with respect to the Offers/ services provided by the third parties. RBL Bank is not responsible for quality of the products/ services provided by the third parties. For any queries, complaints, issues and/ or feedback shall be directly dealt with the third parties only. The Offers/ services may also be available at other platforms. The Customer's participation to avail such Offers/ services is purely voluntary. Copyright © RBL Bank Ltd.